Capital Growth Advisors has completed the sale of Washington DC based Cafe Deluxe and Tortilla Coast by its founders, Bo Marcus and John Breen, to Maryland based Clover Investment Group.  CapGrow provided financial consulting services to the sellers in the transaction. Details were undisclosed. "Bo Marcus and John Breen created

The Sterling Group, a Houston-based private equity investment firm, has acquired an equity interest in Saxco International.  The acquisition was financed with equity from Sterling Group Partners III and debt financing from BNP Paribas and Oaktree Capital Management. Saxco, headquartered in Pennsylvania, is a distributor of rigid packaging products for

FolioDynamix, a provider of on-demand technology and product solutions to wealth management firms and their affiliated investment advisers, has received a USD16m investment led by growth equity firm ABS Capital Partners. FolioDynamix will use the funds to extend the breadth of its technology platform and invest in sales and marketing.

RoundTable Healthcare Partners’ portfolio company Renaissance Pharma has acquired Confab Laboratories.  Confab is a contract pharmaceutical manufacturer in Montreal, Quebec. "Renaissance is excited by the opportunity to further invest in the continued growth and success of Confab," says Pierre Frechette, president and chief executive of Renaissance. "As part of Renaissance,

Institutional Venture Partners, a later-stage venture capital and growth equity firm, has celebrated its 30th year with a new USD750m fund and eight new investments.  In August, IVP closed Institutional Venture Partners XIII, a USD750m later-stage venture capital and growth equity fund.  IVP XIII is the largest fund IVP has

Riverside Partners, a Boston-based private equity firm, has made a majority equity investment in Dominion Diagnostics, a laboratory services company focused on quantitative testing to support patient medication monitoring. The investment was completed in partnership with the founders and management of the business. For the past 13 years, Dominion has

Centre Partners Management, a middle market private equity firm with offices in New York and Los Angeles, has sold Quickie Manufacturing to Jarden, a provider of niche consumer products.  Quickie is a manufacturer and supplier of conventional household cleaning tools in retail channels in North America.  Terms of the transaction

Nasuni, maker of a cloud gateway for the storage industry, has closed USD15m in series B funding led by Flybridge Capital Partners. Existing investors North Bridge Venture Partners and Sigma Partners, who led the company’s series A funding in March 2009, also participated in the round. Investment in Nasuni now